Common use of Net Exercise Election Clause in Contracts

Net Exercise Election. The undersigned Holder elects to convert all or part of the Warrant into shares of stock by net exercise election pursuant to Section 1.6 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of ADAPTEC, INC. covered by the Warrant.

Net Exercise Election. The undersigned Holder elects to convert all or part of the Warrant into shares of stock Warrant Stock by net exercise election pursuant to Section 1.6 2.6 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of ADAPTECAura Systems, INC. Inc. (the "Warrant Stock") covered by the Warrant.

Net Exercise Election. The undersigned Holder elects to convert all or part of the Warrant into shares of stock Warrant Stock by net exercise election pursuant to Section 1.6 2.6 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of ADAPTECSVI Solutions, INC. Inc. (the "Warrant Stock") covered by the Warrant.